NOT LISTED FOR SALE

1227 N 25th St Unit 1229 Milwaukee, WI 53205

Midtown Neighborhood

Estimated Value: $99,000 - $149,000

5 Beds
2 Baths
2,392 Sq Ft
$53/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $33,500 $14 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $712/month

35 Days on Market

About This Home

As of June 2022

This is a tax foreclosed property.This property is strictly restricted for sale for OWNER/OCCUPANCY only. Sealed Bids due by 12/20/2021 by 10:00AM.

Last Agent to Sell the Property

Deborah McCollum-Gathing

Redevelopment Authority City of MKE License #58498-90 Listed on: 11/17/2021

Last Buyer's Agent

Robert Dugan

Cherry Home Realty, LLC License #56402-90

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1897

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$555

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Directions: East on West Vliet St, South on North 25th St to property.
  • New Construction: No
  • Year Built: 1897
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 1227 N 25th St #1229
  • Lot Acreage: 0.07
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 2392.00

Exterior Features

  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: None

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
May 25, 2022
Sold by
City Of Milwaukee
Bought by
Scannell Thomas J
Seller's Agent
Deborah McCollum-Gathing
Redevelopment Authority City of MKE
Buyer's Agent
Robert Dugan
Cherry Home Realty, LLC
List Price
$33,500
Sold Price
$33,500
Current Estimated Value
$127,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,607
Avg. Annual Appreciation
48.02%
Original Mortgage
$50,653
Outstanding Balance
$49,246
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$77,861

Purchase Details

Closed on
Oct 11, 2013
Sold by
J Mill Investments Llc
Bought by
1227 Place Llc

Purchase Details

Closed on
Jul 2, 2012
Sold by
Z & J Investments Llc
Bought by
J Mill Investments Llc

Purchase Details

Closed on
Jun 30, 2004
Sold by
Miller Hazel B
Bought by
Z & J Investment Llc

Purchase Details

Closed on
Jun 23, 2004
Sold by
Miller Hazel B
Bought by
Miller James E

Purchase Details

Closed on
Oct 7, 2002
Sold by
Miller Hazel B
Bought by
Z & J Investments Llc

Purchase Details

Closed on
Jul 25, 2002
Sold by
Westside Housing Cooperative
Bought by
Miller Hazel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scannell Thomas J $25,000 None Listed On Document
1227 Place Llc $25,000 --
J Mill Investments Llc -- None Available
Z & J Investment Llc -- --
Miller Hazel B -- --
Miller James E -- --
Miller Hazel B -- --
Z & J Investments Llc -- --
Miller Hazel B $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scannell Thomas J $50,653
Previous Owner Miller Hazel B $25,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $33,500 0.0% $14 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $33,500 -- $14 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $555 $28,000 $2,700 $25,300
2023 $626 $26,500 $2,700 $23,800
2022 -- $40,500 $2,700 $37,800
2021 $0 $40,500 $2,700 $37,800
2020 $0 $40,500 $2,700 $37,800
2019 $3,099 $47,500 $2,700 $44,800
2018 $3,117 $47,500 $2,700 $44,800
2017 $3,040 $47,500 $2,100 $45,400
2016 $3,132 $44,900 $2,100 $42,800
2015 -- $46,500 $2,100 $44,400
2014 -- $51,700 $2,100 $49,600
2013 -- $51,700 $2,100 $49,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1772216

Metro MLS

APN: 364-0607-000-4